USGT Rally Continues on Big Volume
Fellow Investor,
USA Graphite (USGT) shares continued to trade higher this morning on big volume. More than 800,000 shares changed hands in the first half hour of trading, just off Monday's record-setting pace.
The shares opened strong and traded up to a new intraday high of $0.96 before easing off on profit-taking. Momentum traders keep testing buyers' resolve but, so far, investors convinced of USGT's strong prospects as America's premier graphite miner continue to absorb all sellers and push the shares higher.
Looking at the daily chart, USGT remains in a classic uptrend, recording higher highs and higher lows every day. USGT has closed higher eight out of nine trading sessions since breaking up out of the wedge pattern it formed on the daily chart back on December 24.
With solid buying support and with the price closing in on the $1.00 mark, traders are beginning to look longer term at a price target of $2.00 or more.
We have never seen a new material with as much potential as graphite and its derivative materials, graphene, graphane and graphyne. With its plan to become America's dominant supplier of natural flake graphite, the source of all of these amazing substances, USA Graphite's share price can easily top $2.00 or even more.
Today miught be your last chance to get USGT for under a buck. You have a great chart, amazing science and an aggressive management looking to expand USGT's resource base. Don't miss out. This ride is just getting started.
Happy Trading!
Disclaimer: http://upurs.us/image/45013.jpeg
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